1 day Ago By ABMN Staff
Enbridge Inc. ( NYSE:ENB – Get Free Report ) (TSE:ENB) was the target of unusually large options trading on Wednesday. Stock investors acquired 20,216 put options on the company.
This represents an increase of approximately 1,036% compared to the typical daily volume of 1,779 put options. Enbridge Trading Down 0.7 % Shares of ENB stock opened at $40.
52 on Thursday. The stock’s fifty day simple moving average is $38.61 and its 200 day simple moving average is $36.
72. Enbridge has a twelve month low of $31.03 and a twelve month high of $41.
22. The firm has a market capitalization of $86.45 billion, a P/E ratio of 20.
57, a P/E/G ratio of 3.91 and a beta of 0.94.
The company has a quick ratio of 0.68, a current ratio of 0.77 and a debt-to-equity ratio of 1.
34. Enbridge ( NYSE:ENB – Get Free Report ) (TSE:ENB) last released its quarterly earnings results on Friday, August 2nd. The pipeline company reported $0.
58 EPS for the quarter, beating analysts’ consensus estimates of $0.45 by $0.13.
Enbridge had a return on equity of 10.07% and a net margin of 13.31%.
The firm had revenue of $8.29 billion for the quarter, compared to analyst estimates of $4.28 billion.
During the same quarter in the previous year, the company posted $0.51 EPS. As a group, sell-side analysts predict that Enbridge will post 2.
06 EPS for the current fiscal year. Enbridge Cuts Dividend Institutional Investors Weigh In On Enbridge Several institutional investors and hedge funds have recently made changes to their positions in the business. Rockwood Wealth Management LLC boosted its position in shares of Enbridge by 2.
6% during the 2nd quarter. Rockwood Wealth Management LLC now owns 11,107 shares of the pipeline company’s stock valued at $395,000 after purchasing an additional 285 shares in the last quarter. Whittier Trust Co.
of Nevada Inc. boosted its position in shares of Enbridge by 3.7% during the 2nd quarter.
Whittier Trust Co. of Nevada Inc. now owns 8,269 shares of the pipeline company’s stock valued at $294,000 after purchasing an additional 298 shares in the last quarter.
Nations Financial Group Inc. IA ADV boosted its position in shares of Enbridge by 1.7% during the 2nd quarter.
Nations Financial Group Inc. IA ADV now owns 18,237 shares of the pipeline company’s stock valued at $649,000 after purchasing an additional 298 shares in the last quarter. Perigon Wealth Management LLC boosted its position in shares of Enbridge by 3.
7% during the 1st quarter. Perigon Wealth Management LLC now owns 8,827 shares of the pipeline company’s stock valued at $319,000 after purchasing an additional 314 shares in the last quarter. Finally, RFG Advisory LLC boosted its position in shares of Enbridge by 2.
3% during the 2nd quarter. RFG Advisory LLC now owns 14,183 shares of the pipeline company’s stock valued at $505,000 after purchasing an additional 325 shares in the last quarter. Institutional investors own 54.
60% of the company’s stock. Enbridge Company Profile ( Get Free Report ) Enbridge Inc, together with its subsidiaries, operates as an energy infrastructure company. The company operates through five segments: Liquids Pipelines, Gas Transmission and Midstream, Gas Distribution and Storage, Renewable Power Generation, and Energy Services.
The Liquids Pipelines segment operates pipelines and related terminals to transport various grades of crude oil and other liquid hydrocarbons in Canada and the United States. Featured Stories Receive News & Ratings for Enbridge Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Enbridge and related companies with MarketBeat.com's FREE daily email newsletter .
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